Cryptocurrency Trading Tips
1. Eat fish in the middle section, leave the head and tail for others.
2. Trading without stop-loss will definitely lead to significant losses.
3. Newbies look at price, veterans look at volume, and experts look at trends.
4. Buy familiar coins, avoid hardships, buy at the bottom, and remain steadfast.
5. Buying relies on confidence, holding relies on patience, and selling relies on determination.
6. Opportunities arise from declines; cash is king.
7. Trading mindset is the first priority, strategy is second, and technique is only third.
8. Market conditions usually arise in despair, develop in hesitation, and end in madness.
9. Greed is the cloth that wipes away profits; greed and fear are major investment taboos.
10. If long-term is gold and short-term is silver, then swing trading is diamond.
11. When others are fearful, we should be greedy; when others are greedy, we should be fearful.
12. Luck and hesitation: luck is the culprit that increases risk, and hesitation can lead to missed opportunities.
13. Never easily go all in; this approach benefits a calm mindset and allows for both offensive and defensive strategies in operations.
14. Frequent trading will definitely lead to losses, while indecision leads to slow bleeding.
15. There are no absolutely accurate indicators, only retail investors with limited understanding; indicators are useful for those who know how to use them and harmful for those who do not.
